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It’s insanity to me that a large company was able to jump 36% in a day. I don’t care what the reason is. I’ve seen this is based on their cloud's AI demand… but
by fuckinpuppers 1y ago
It’s insanity to me that a large company was able to jump 36% in a day. I don’t care what the reason is. I’ve seen this is based on their cloud's AI demand… but really, 36%? Was there some major major contract signed worth $100B? Has anyone used their cloud? It’s terrible.
- dj_axl 1y agoOpenAI contract, "Sept 10 (Reuters) - OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle".
- signalblur 1y agoYeah OpenAI signed a huge deal with them - $300 Billion Wild - I’d love to be the sales guy who got that commission
- zamadatix 1y agoA lot of commission plans, even those which advertise "uncapped" commission, will still have the ability to set a cap for commission due to a single whale. Not that hitting your cap is an unenviable position in itself or anything... just perhaps a lot less exciting than it may sound (or not, just depends on the rules in the plan and what the leadership decides on the given deal). That is, if one sales rep can even claim such a large deal as their own work. E.g. a few years back I worked with a guy (at an IT sector company) who had a quota of 3 million in the region, but won a single deal worth 30 million + had a great quarter in general anyways. He ended up not getting too much more than if he just had the great quarter.
- mandeepj 1y ago> Wild - I’d love to be the sales guy who got that commission Sorry to share - there's no sales guy here. It all happened at the top, hint - Stargate.
- conductr 1y agoYes, contract with OpenAI